NAIC Announces Special Session on COVID-19 Impact & Response
March 11, 2020 by NAIC
WASHINGTON (March 5, 2020) — The NAIC will be holding a full-day special session of the nations’ chief state insurance officials on March 22, 2020, to discuss state response and coordination around COVID-19. The special session will include an open meeting where members will hear from experts on the medical, consumer, market and operational impacts of the Coronavirus outbreak. Members will then meet in regulator-only session to discuss state response and coordination efforts, including federal and international coordination.
The Special Session will result in changes to the original national meeting schedule. The NAIC will be providing updates on the special session as well as changes to the national meeting schedule on naic.org in the next few days.
The NAIC will continue to evaluate developments around COVID-19 and the potential impact on the remainder of the National Meeting agenda. We understand that attendance may be impacted due to restrictions on travel for some attendees. There is, however, a long tradition of the NAIC membership meeting in times of crisis to ensure ongoing market stability and consumer protection. Our primary focus remains the health and safety of meeting attendees.
About the NAIC
As part of our state-based system of insurance regulation in the United States, the National Association of Insurance Commissioners (NAIC) provides expertise, data, and analysis for insurance commissioners to effectively regulate the industry and protect consumers. The U.S. standard-setting organization is governed by the chief insurance regulators from the 50 states, the District of Columbia and five U.S. territories. Through the NAIC, state insurance regulators establish standards and best practices, conduct peer reviews, and coordinate regulatory oversight. NAIC staff supports these efforts and represents the collective views of state regulators domestically and internationally. For more information, visit www.naic.org.